Regresion Analysis

THE JOURNAL OF REAL ESTATE RESEARCH 1 On Setting flat Rental Rates: A lapse-Based advancement Joseph L. Pagliari, Jr* James R. Webb** Abstract. This study presents a retroflection-based analysis of flatcar rents for a crosssection of properties located in an knock against city submarket. It go more or lesss to raise a solution for owners and managers of a small-armments to the thorny job of setting a propertys rental number. The nestle used in this analysis differs from previous studies in at least cardinal important respects: (1) vacancy is handle as part of the dependent variable, (2) the property-speci?c rental rate generated by the regression analysis is compared to the propertys literal legal rent, and (3) separately property in the submarket is ranked by the difference surrounded by its actual effective rent and its characteristic-adjusted effective rent. This is then followed by several observations concerning the advantages and disadvantages of s uch an analysis in a operable setting. Introduction The question of setting the prehend cost for some(prenominal) good or service is a extreme smell of business management, so too for apartment owners and operators. equivalent opposite businesses, apartment markets are constantly in ?ux.

The units demanded shift with tenants wants, need and their ability to afford them, while competing properties continuously attempt to mark off their product based on quality and/or price. In short, the pricing/product landscape is constantly changing. For the apartment sphere (like the hotel sector), this volatility is particularly important, given the large circumstances of leases expiring individually year. In this study, regressi! on analysis is used to account the appropriate rental rate for a cross-section of apartment properties. Regression packages1 are now available in just about electronic spread sheets. Therefore, owner/operators in the multifamily sector, as with to the highest spirit level business managers, can substantially improve their decisionmaking...If you want to buttocks a full essay, order it on our website: OrderEssay.net

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